Wedding season is going on and the wedding may be in one's own home or at a relative's house. It is not possible for women not to adorn themselves with jewelry. Besides, she also wants new design jewelery every time and for this, she does not shy away from changing the old jewellery. The trend of exchanging old jewelery and buying new ones is highest in India. But, the whole game also starts from here. Be it small jewelers or branded showrooms, everyone is involved in exchanging old jewelry.
Actually, whenever you go to exchange old jewelery for a new one, the biggest difficulty comes with the purity of gold. Due to this dilemma, you often do not get a fair price for your jewelry. Today we will tell you how jewelers gamble with your old jewelery and the customer has to suffer loss. Also, what precautions should you take so that you can always get the right price for your old jewelry?
The process of changing jewelery is not easy
The process of exchanging old jewelery and getting new jewelery at its cost is not that easy. Old jewelery is always examined in 2 steps. First, it is scanned by placing it on the carat meter machine. This shows how many carats of gold are there in the jewelry, but it is able to scan only the outer layer.
In the second process, a small piece of the jewelery is melted and examined, so that the actual purity of the gold can be tested. This is where all the problems start. According to Live Mint, every time the melted gold is scanned, its readings get different. In such a situation, jewelers set the price of gold based on the lowest reading.
How to trust the validity of the machine
In fact, the X-ray fluorescence spectrometer or carat meter machine used to test gold is neither sold by the government nor given by any authority. In such a situation, there is doubt about the reliability of this machine. Almost all jewelers adopt the scale to measure the purity of jewelery by melting it. Even the big brand ones. Even if the customer has a bill, the purity of his jewelery is measured through this process.
There are only a few small jewelers who agree to replace the jewelery without melting it. However, such jewelers reduce the price of your jewelery by 25 to 30 percent, which is added as a wastage charge. Different jewelers also charge different wastage charges on these jewellery. Its range can be from 3 to 6 percent. It depends on the purity of gold used in jewelry.
What to do for a good price
Udit Narang, who runs a jewelery shop under the Narang Legacy brand in Delhi, says that to check the quantity of gold in jewelry, it is tested by melting it. For this, most of the jewelers use XRV testing purity machines. If your jewelery is hallmarked then there is no need to melt it. The purity of gold is written in hallmarked jewelry. Therefore there is no need to test it.
What is the way to avoid fraud?
Yogesh Singhal, Chairman of The Bullion and Jewelers Association, Delhi Kucha Mahajani, said that when customers buy jewelery without a hallmark, they should get its purity checked in two ways. Today, purity testing machines are available in every small and big city. Firstly, skin testing of the jewelery should be done, so that it will be known whether the jewelery is 22 carat or 18 carat. Secondly, he should get joint testing done, in which the actual purity of the gold can be known. Whatever be the purity of gold, you must get it noted on the bill also. However, it would be better if you buy hallmarked jewelery in which everything is clear to the customer.
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